SSRM vs PAAS

For growth investors, SSR Mining Inc.

(SSRM) is the stronger pick with 66. 5% revenue growth year-over-year, versus 30. 6% for Pan American Silver Corp. (PAAS). SSR Mining Inc. (SSRM) offers the better valuation at 17. 7x trailing P/E (7. 9x forward), making it the more compelling value choice. Analysts rate SSR Mining Inc. (SSRM) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, SSR Mining Inc.

(SSRM) is the cheapest at 17. 7x versus Pan American Silver Corp. at 22. 1x. On forward P/E, SSR Mining Inc. is actually cheaper at 7. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Pan American Silver Corp. wins at 0. 49x versus SSR Mining Inc. 's 0. 61x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, SSR Mining Inc.

(SSRM) delivered a total return of +92. 4%, compared to +71. 4% for Pan American Silver Corp. (PAAS). Over 10 years, the gap is even starker: PAAS returned +326. 1% versus SSRM's +299. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Pan American Silver Corp.

(PAAS) is the lower-risk stock at 0. 74β versus SSR Mining Inc. 's 1. 10β — meaning SSRM is approximately 49% more volatile than PAAS relative to the S&P 500. On balance sheet safety, SSR Mining Inc. (SSRM) carries a lower debt/equity ratio of 10% versus 13% for Pan American Silver Corp. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), SSR Mining Inc.

(SSRM) is pulling ahead at 66. 5% versus 30. 6% for Pan American Silver Corp. (PAAS). On earnings-per-share growth, the picture is similar: Pan American Silver Corp. grew EPS 741. 9% year-over-year, compared to 243. 4% for SSR Mining Inc.. Over a 3-year CAGR, PAAS leads at 35. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Pan American Silver Corp.

(PAAS) is the more profitable company, earning 27. 0% net margin versus 24. 3% for SSR Mining Inc. — meaning it keeps 27. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PAAS leads at 32. 3% versus 28. 9% for SSRM. At the gross margin level — before operating expenses — PAAS leads at 37. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Pan American Silver Corp. (PAAS) is the more undervalued stock at a PEG of 0. 49x versus SSR Mining Inc. 's 0. 61x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, SSR Mining Inc. (SSRM) trades at 7. 9x forward P/E versus 12. 4x for Pan American Silver Corp. — 4. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PAAS: 29. 7% to $75. 00.

In this comparison, PAAS (0.

8% yield) pays a dividend. SSRM does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Pan American Silver Corp.

(PAAS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 74), 0. 8% yield, +326. 1% 10Y return). Both have compounded well over 10 years (PAAS: +326. 1%, SSRM: +299. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

PAAS pays a dividend while SSRM does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.